Question: how do you solve? i am not sure if my answer is even correct QUESTION 4 A stock is expected to pay a dividend of

how do you solve? i am not sure if my answer is even correct

QUESTION 4 A stock is expected to pay a dividend of $3.00 next year. Dividends are expected to grow at an annual rate of 4%. What is the required rate of return on the stock if the current market price is $50.00? 14% 11.5% 10% 9% O 8.29%

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